UAW-represented workers at GM’s Indianapolis plant reject concessions

UAW-represented workers at GM’s Indianapolis plant reject concessions

Instead of taking a 50% pay cut under a new plant owner, about 625 UAW-represented workers at General Motors Co.'s Indianapolis stamping plant prefer that GM shut the plant. Last... Read more


GM resumed donations through its political action committee

GM resumed donations through its political action committee

Federal Election Commission reports indicate that General Motors Co., which is preparing for its initial public offering this November, has made its first campaign contributions since... Read more


SAIC in talks to purchase a stake in General Motors

SAIC in talks to purchase a stake in General Motors

SAIC Motor Corp. is “closely watching the progress” of the initial public offering of General Motors Co. as it is in talks to purchase a stake. SAIC’s spokeswoman Judy Zhu said, “As a... Read more


GM begins production of the Chevrolet Equinox at the Oshawa plant

GM begins production of the Chevrolet Equinox at the Oshawa plant

Regular production of the Chevrolet Equinox in the Oshawa, Ontario, assembly plant, has started this week. General Motors Co. is doing this as part of the “Equinox Shuttle” plan, which is... Read more


GM introduces Chevrolet Cruze BEV (Battery Electric Vehicle)

GM introduces Chevrolet Cruze BEV (Battery Electric Vehicle)

General Motors revealed today the Cruze BEV (Battery Electric Vehicle), a demonstration vehicle designed to explore market needs and customer acceptance of battery electric vehicles in... Read more


GM to increase production at North American plant, says Mark Reuss

GM to increase production at North American plant, says Mark Reuss

Some of General Motors Co.’s models are short in supply and to remedy this problem, the carmaker is now evaluating new investments to boost North American plant capacity, according to... Read more


GM aims to sell 15 percent more vehicles in China next year

GM aims to sell 15 percent more vehicles in China next year

In 2011, General Motors Co. targets a 10% to 15% increase in sales in China in line with the growth rate it expects for the market, according to Kevin Wale, president and managing... Read more


GM will be patient in making Opel profitable again, says CEO Akerson

GM will be patient in making Opel profitable again, says CEO Akerson

As General Motors Co. boosts efforts to make European Opel/Vauxhall unit profitable once again, CEO Dan Akerson said that the company will be “patient.” He told reporters at GM's... Read more


GM to build four-cylinder Ecotech engines at former Saturn plant

GM to build four-cylinder Ecotech engines at former Saturn plant

Production of General Motors Co.’s next-generation four-cylinder Ecotec engine will be done at its former Saturn plant in Spring Hill, Tenn. Designed to provide reduced noise and... Read more


Paying back the government will take several years, says GM’s Akerson

Paying back the government will take several years, says GM’s Akerson

How fast General Motors Co. repays the bailout it received from the US government will determine its results in the next several years, according to GM CEO Dan Akerson. In a meeting at GM... Read more


General Motors will pay new CEO Dan Akerson $1.7 million in cash annually

General Motors will pay new CEO Dan Akerson $1.7 million in cash annually

As part of General Motors Co.’s long-term incentive plan, new CEO Dan Akerson will receive $1.7 million in cash annually, plus $5.3 million in stock over the next three years. Akerson... Read more


2011 Chevrolet Cruze TV ad campaign launched

2011 Chevrolet Cruze TV ad campaign launched

Consumers are abuzz about the latest TV ads for the new Chevrolet Cruze compact sedan that started airing on NBC's “Today Show.” Comedy actor Tim Allen narrated the two 30-second ads that... Read more


GM Powertrain to double engine manufacturing capacity by 2013

GM Powertrain to double engine manufacturing capacity by 2013

General Motors Powertrain aims to expand production and double engine manufacturing capacity at its Hungarian plant by 2013 from 460,000 units each year, according to a report from the... Read more


GM’s OnStar may offer some free services next year to rival Ford’s Sync

GM’s OnStar may offer some free services next year to rival Ford’s Sync

OnStar also known as General Motors’ in-car communications unit may some free services next year in order to compete with Ford’s 's Sync music and information system. These words came... Read more


U.S. government is likely to take a loss on GM IPO

U.S. government is likely to take a loss on GM IPO

Sources say that it’s likely that the US government will take a loss on General Motors Co. in the first offering of its stock. The sources -- six people who have knowledge about the... Read more


Tim Allen will be the voice of Chevrolet, beginning with the ads for the 2011 Cruze

Tim Allen will be the voice of Chevrolet, beginning with the ads for the 2011 Cruze

On Sept. 7, the ads for the 2011 Chevrolet Cruze that mark Tim Allen’s first gig with General Motors Co. will start airing. GM selected the Hollywood comedy actor to become its on-screen... Read more


Motors Liquidation filed a plan with a U.S. court to come out of bankruptcy

Motors Liquidation filed a plan with a U.S. court to come out of bankruptcy

Motors Liquidation Co., the old shell of General Motors Co., has a pending plan with a US court to emerge from bankruptcy. As a result of this plan’s confirmation, basically all of its... Read more


Ex-GM CEO Fritz Henderson tapped to become CEO of SunCoke Energy

Ex-GM CEO Fritz Henderson tapped to become CEO of SunCoke Energy

With SunCoke’s separation from Sunoco Inc. next year, it will need a new CEO and he’s no other than former General Motors Co. CEO Fritz Henderson, who has headed GM through its bankruptcy... Read more


General Motors expects competitive pricing for the Chevrolet Volt in China

General Motors expects competitive pricing for the Chevrolet Volt in China

General Motors Co.’s hybrid Chevrolet Volt will be competitively priced in China as it has high expectations for the car, which it hopes will help it gain a foothold in China's... Read more


GM sales fell by a combined 11 percent in August

GM sales fell by a combined 11 percent in August

GM announced today that its sales decreased by a combined 11 percent after its brands Chevrolet, Buick, GMC and Cadillac delivered 184,921 units, compared to last August 2009, when the... Read more


Report: Autoworkers Adjust to Job Banks’ End

Report: Autoworkers Adjust to Job Banks’ End

As car sales remain close to a 30-year low, automakers, including General Motors Co., are expected to seek even more concessions from the United Auto Workers union.This is a far cry from... Read more


GM’s Q2 results will be impressive, says CEO Ed Whitacre

GM’s Q2 results will be impressive, says CEO Ed Whitacre

As you may know already, GM is preparing to report its second-quarter results and already confirm the fact that it will show a substantial gain over the first quarter. These words came... Read more


Toyota and GM recalling over 1.3 million vehicles for engine stalling

Toyota and GM recalling over 1.3 million vehicles for engine stalling

Toyota and General Motors, announced today that they will recall 1.3 million vehicles from the 2005-2008 model years due to complaints of engine stalling. Toyota will recall 1.1 million... Read more


GM to acquire AmeriCredit Corp for $3.5 billion

GM to acquire AmeriCredit Corp for $3.5 billion

General Motors Co. has entered a deal to acquire subprime specialist AmeriCredit Corp. for $3.5 billion.

This all-cash deal marks GM's return to the captive finance business. In a... Read more


Former GM global sales boss Jonathan Browning joins Volkswagen

Former GM global sales boss Jonathan Browning joins Volkswagen

Volkswagen AG has named Jonathan Browning as global head of the 10-brand group's national sales companies. In a statement last Friday, VW Group sales and marketing chief Christian... Read more


GM cuts down the manufacture of 2010 Pontiac G8 Sport Truck

GM cuts down the manufacture of 2010 Pontiac G8 Sport Truck

General Motors have decided to cut down the manufacture of its sport truck, the 2010 Pontiac G8 ST, from the present six units to a mere three by 2012 as the vehicle is currently under... Read more


Opel/Vauxhall Ampera to receive GM’s Voltec electric propulsion technology

Opel/Vauxhall Ampera to receive GM’s Voltec electric propulsion technology

The latest, all-new concept called the Ampera is intended to be the arrow tip in the British carmaker's attack on the electric vehicle market. It is said to come alongside the upcoming... Read more


General Motors plans to cut 354 jobs at its Vauxhall plant in UK

General Motors plans to cut 354 jobs at its Vauxhall plant in UK

General Motors Co. will soon begin talks with unions with regards to the carmaker's plan to cut 354 jobs at its Vauxhall plant in Luton in England.

GM asserts that the job losses... Read more


Former Opel boss, Hans Demant, quits General Motors

Former Opel boss, Hans Demant, quits General Motors

Hans Demant has resigned from General Motors Co. as its head of global intellectual property rights to pursue other professional opportunities. Demant, who is pushing 60 years old, had... Read more


General Motors has no interest in buying back Opel

General Motors has no interest in buying back Opel

General Motors denies having plans to buy back Opel from the winning bidder in the future, according to its lead negotiator.

RHJ International was believed to be GM's favored bidder... Read more


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